MEDIATION OF THE EO–FIRM PERFORMANCE RELATIONSHIP

Abstract

In the study, the mediation was presented as an analytical technique allowing the explanation of significant fluctuations in size and the direction of the entrepreneurial orientation (EO)–firm performance relationship. The assumptions of analysis of mediation were discussed as the whole, pointing to the practices, which should be used in order to carry out this process properly. It was found out, that mediation, despite not being a new tool of solving the research problems in statistics, is not commonly used in the management sciences. That is why, the aim of the study is to identify mediating variables which explain entrepreneurial orientation (EO)–firm performance relationship. The studies on the effects of mediation presented in the scientific literature confirmed the usefulness of the analytical technique in the context of the EO discussion. It allowed to compile the list of the meditative factors on the relationship “entrepreneurial orientation (EO)–firm performance”.

Keywords

• entrepreneurial orientation (EO)
• mediating variables
• firm performance
• entrepreneurship